Prerna Arora arrested in Rs 32 crore fraud case
Bollywood producer Prerna Arora was arrested by The Economics Offences Wing (EOW) of Mumbai police on Saturday. The producer was held for allegedly cheating film-maker Vashu Bhagnani of a sum of Rs 32 crore, a senior official said. According to the official, Arora had taken money from Bhagnani's firm Pooja Entertainment for exclusive rights of a film.
The official said that Arora had, similarly, taken money from multiple investors promising each of them exclusive rights to the same film.
None of these investors was told about the other leading to breach in contract, the Mumbai police official said. Arora was arrested Friday and has been remanded in EOW custody till December 10, he said. Bhagnani had earlier claimed he was given parallel rights for films Fanney Khan and Batti Gul Meter Chalu by Arora's company KriArj Entertainment. Bhagnani could not be reached for comments.
Arora was also embroiled in a court battle with actor-producer John Abraham for the film Parmanu and Sushant Singh Rajput and Sara Ali Khan starrer Kedarnath.
On a related note, Abhishek Kapoor directorial Kedarnath released on December 7. The film which marks the debut of Sara Ali Khan minted Rs 7.25 crore on its first day.
(With PTI inputs)
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